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Guillermo Calvo

Guillermo Antonio Calvo is an economist, currently Director of Columbia University's mid-career Program in Economic Policy Management in their School of International and Public Affairs (SIPA). He published significant research in macroeconomics, especially monetary economics and the economics of emerging markets and transition economies. Calvo, together with Edmund Phelps and John B. Taylor, did pioneering work on staggered wage setting as a channel for producing price stickiness. The Calvo pricing approach is named after him.


Guillermo Calvo earned his PhD from Yale University in 1974. In January 2007, Calvo ...

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